Main Object Clauses
- To carry on the business of real estate brokerage, agency and consultancy, including buying, selling, leasing, renting and sub-letting of residential, commercial, industrial and agricultural properties on behalf of clients, and to earn brokerage, commission and service fees thereon.
- To provide property management services including facility management, maintenance coordination, rent collection, tenant screening, lease administration and asset upkeep for property owners, housing societies, builders and corporate clients.
- To develop and operate real estate aggregation platforms, listing portals and property technology solutions connecting buyers, sellers, landlords, tenants and service providers.
- To act as consultants and advisors on real estate transactions, valuation support, title due diligence coordination and deal structuring, and to provide relocation assistance and corporate housing services.
NIC Code: 68 — Real estate activities
Related Licences & Registrations
- RERA Agent Registration: Every state RERA requires brokers and agents to register before facilitating property transactions — operating without registration invites penalties and blacklisting.
- GST Registration: Brokerage, commission and management-fee income is taxable; registration is needed once the threshold is crossed, and reverse-charge provisions can apply on certain services.
- Shops & Establishments Registration: Required for branch offices and client-facing outlets across cities.
ROC Filing Notes
- Keep ‘real estate development’ out of the objects unless the company will actually construct — brokerage-only objects keep compliance lighter and avoid RERA promoter obligations entirely.
- MCA may query objects that mention ‘investment advisory’ alongside brokerage, since that phrase overlaps with SEBI-regulated activity. Word it as ‘transaction consultancy’ instead.
